Thus, if you have any plans of purchasing a home in the near future, today’s news could have a significant impact on your ability to do so.

And no, it has nothing to do with the rising costs of Australian housing (though, that hurts too. Ouch). Rather, it’s about how much down payment you need to pay to secure a home loan in certain areas.

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Serena joined Remit back in 2016, and has tormented its Marketing Head constantly ever since. To get through the rigors of writing about grave concerns like exchange rates, citizenship requirements, and PH-AU news, she likes to blast Mozart, Vivaldi, ONE OK ROCK, and Shigeru Umebayashi in the background. She does a mean Merida voice in her spare time too.